The bad-debt ratio is the ratio of bad debts to total sales.
Answer the following statement true (T) or false (F)
False
Rationale: The bad-debt ratio is the ratio of bad debts to credit sales.
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Personal channel of communication includes direct contact, such as a sales force or salespeople in a retail channel
Indicate whether the statement is true or false
The _______________________________ is a federal agency charged with enforcing the National Labor Relations Act.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a definition of a foreign corporation?
A. a corporation with incorporations in multiple states B. a corporation in the state in which it was incorporated C. a corporation in states other than the one in which it was incorporated D. a corporation in the United States which has been incorporated in another country
The gain or loss on the effective portion of a U.S. parent company's hedge of a net investment in a foreign entity should be treated as:
A. other comprehensive income. B. an adjustment to the retained earnings account in the stockholders' equity section of its balance sheet. C. a translation gain or loss in the computation of net income for the reporting period. D. an adjustment to a valuation account in the asset section of its balance sheet.